L & S Advisors Inc Has $239,000 Position in Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

L & S Advisors Inc reduced its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 43.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,360 shares of the semiconductor company’s stock after selling 4,910 shares during the period. L & S Advisors Inc’s holdings in Taiwan Semiconductor Manufacturing were worth $239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Baldwin Investment Management LLC raised its position in Taiwan Semiconductor Manufacturing by 0.5% during the second quarter. Baldwin Investment Management LLC now owns 25,783 shares of the semiconductor company’s stock worth $901,000 after acquiring an additional 124 shares during the period. Bahl & Gaynor Inc. raised its position in Taiwan Semiconductor Manufacturing by 1.0% during the second quarter. Bahl & Gaynor Inc. now owns 16,055 shares of the semiconductor company’s stock worth $462,000 after acquiring an additional 162 shares during the period. 440 Investment Group LLC raised its position in Taiwan Semiconductor Manufacturing by 1.2% during the second quarter. 440 Investment Group LLC now owns 21,579 shares of the semiconductor company’s stock worth $754,000 after acquiring an additional 250 shares during the period. People s United Financial Inc. raised its position in Taiwan Semiconductor Manufacturing by 3.3% during the second quarter. People s United Financial Inc. now owns 8,056 shares of the semiconductor company’s stock worth $282,000 after acquiring an additional 254 shares during the period. Finally, Sterling Capital Management LLC raised its position in Taiwan Semiconductor Manufacturing by 2.7% during the second quarter. Sterling Capital Management LLC now owns 11,831 shares of the semiconductor company’s stock worth $414,000 after acquiring an additional 314 shares during the period. Hedge funds and other institutional investors own 19.63% of the company’s stock.

A number of research firms have weighed in on TSM. Morgan Stanley cut shares of Taiwan Semiconductor Manufacturing from an “overweight” rating to an “equal weight” rating in a research report on Monday, November 27th. KeyCorp restated a “hold” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 20th. Daiwa Capital Markets cut shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. J P Morgan Chase & Co upgraded shares of Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. Finally, Zacks Investment Research upgraded shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. Eight analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Taiwan Semiconductor Manufacturing has a consensus rating of “Hold” and an average price target of $27.00.

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (TSM) traded up $0.15 during midday trading on Friday, hitting $39.16. 2,062,968 shares of the stock were exchanged, compared to its average volume of 5,805,436. The firm has a market capitalization of $200,594.48, a PE ratio of 18.08, a price-to-earnings-growth ratio of 1.19 and a beta of 0.74. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.36 and a quick ratio of 2.11. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $28.50 and a 1-year high of $43.02.

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Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

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Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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